Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$550,621$539,899
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.400%
Blended rate7.580%7.640%
1st payment$3,767.51$3,738.15
2nd payment$0.00$0.00
Taxes / mo$499.91$499.91
Insurance / mo$166.67$166.67
MI / mo$258.76$107.98
HOA / mo$155.00$155.00
Total monthly$4,847.85$4,667.71
Cash to close$49,267$59,989